JSE ALSI ready to rally once price breaks 200MA then 76,185
Cup and Handle has formed on JSE ALSI.
The price broke above the Brim level, came back and tested the support showing upside is on the cards.
7>21
Price remains below 200MA but as I like to say, the more it tests it the more likely it will break above like thin ice.
Target remains at around 76,185
The price broke above the Brim level, came back and tested the support showing upside is on the cards.
7>21
Price remains below 200MA but as I like to say, the more it tests it the more likely it will break above like thin ice.
Target remains at around 76,185
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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